Minted: The Rise (and Fall?) of the NFT (2023)
https://www.filmaffinity.com/es/film727090.html
https://www.filmaffinity.com/es/film727090.html
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00:00We're watching the closing of the auction which closes in an hour. It's already at absolutely ridiculous amount
00:09NFT NFT people are paying tens of millions of dollars
00:1869 million dollars. I think it's completely insane. I didn't think that could be sold for any amount of money
00:24What is an NFT? It's not just for digital art. It's like this could be for anything
00:33Up until NFTs I was barely able to pay in rent or buy food
00:39$900,000 I'm about to cry
00:43My first piece sold for $30,000 which was a lot for a 15 year old
00:47In Nigeria I've been told growing up you can't be an artist. But I've sold NFTs to over 20 collectors
01:06I think traditional art is still quite skeptical about NFTs. This is not respectable art
01:13I just bought a people. It's like
01:16$65,000
01:23FTX collapses we've got her chain reaction
01:26This started as a digital art movement, but it transformed into one of the largest financial collapses in American history
01:36The NFT market had become the greater fool theory everyone just got annihilated
01:41It's someone's life you're playing with and someone's emotions and expressions
01:47You have to be kind of crazy to trade NFTs
01:50$500,000 one click all gone. This was old-school fraud
01:57What gives Van Gogh value what gives the Jackson Pollock value it's got to be a new idea that
02:04Changes the way people think about art
02:06And I'm trying to do that we'll see a hundred years from now if I've done it